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Mar 21, 2013
03/13
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after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female announcer ] from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. a talking car. but i'll tell you whaimpresses me. a talking train. this ge locomotive can tell you exactly where it i what it's carrying, while using less el. delivering whatever t world needs, when it needs it. ♪ after all, what's the point f talng if you don't have something important to say ♪ ♪ cheryl: one of the reasons that he is in jail for insider trading is because the fed launched an investigation into his brother who six years later has also been charged for insider-trading. charlie gasp
after the break, charlie gasparino has the details as the federal government indicts raj raj rat name's brother for insider trading. happy birthday, twitter, turning seven today. twitter now has 200 million active users posting more than 400 million tweets per day. so in honor of the company, we wanted to show you some of our favorite business tweets as we head to break. ♪ ♪ [ female announcer ] from meing customer needs. to meeting patient needs... ♪ wireless is limitless. [ female...
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Mar 21, 2013
03/13
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in september, avoiding government shut down, which is what all parties want here. that one is headed to the president's desk for his signature. the house also approved as you mentioned on party-line vote paul ryan's republican budget which cuts 4.6 trillion dollars over the next decade to balance the budget in part by repealing obamacare but it is dead on arrival in the democratically controlled senate. >> i would not call the house republican bill balanced. their balance says that the wealthiest americans, the biggest orporations, don't contribute to this problem at all. everything is done on the backs of our middle class families. so, mr. , president, yes, balance is an important word. it is an important word to every family, every community, every american. >> but, that did not stop paul ryan. >> the stanford economists that looked at this budget last week said, 500,000 jobs right away. $1500 more in take-home pay for families in the first year. 1.7 million jobs and 4 thou better take-home pay on average for families in the 10th year. this family will protect an
in september, avoiding government shut down, which is what all parties want here. that one is headed to the president's desk for his signature. the house also approved as you mentioned on party-line vote paul ryan's republican budget which cuts 4.6 trillion dollars over the next decade to balance the budget in part by repealing obamacare but it is dead on arrival in the democratically controlled senate. >> i would not call the house republican bill balanced. their balance says that the...
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Mar 26, 2013
03/13
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people are paying more in taxes for less out of the government. they renegotiated contracts with the unions of the they have cut retiree health care costs. they have cut pension costs for new employees. stockton has done a lot of itself to try to fix it. one thing they're not doing renegotiating trying to cut a deal with calpers which is the pension fund. as it stands now everybody will have to take a haircut and feel a lot of pain exempt for the pension fund and calpers. i'm not sure that is fair. melissa: stockton's city manager says calpers has first dib on the money they have, because, quote, if word got out that we were pursuing a different retirement plan, i run the risk of a mass exodus of my employees. seriously? i mean that is what he is concerned about? all of employers would leave? you say they're trying to cut costs and cut services. maybe employees leaving would be a big help. >> they still have double-digit unemployment. still going down. and still a good job for somebody. i'm not sure i agree with that. i'm not a city manager. i und
people are paying more in taxes for less out of the government. they renegotiated contracts with the unions of the they have cut retiree health care costs. they have cut pension costs for new employees. stockton has done a lot of itself to try to fix it. one thing they're not doing renegotiating trying to cut a deal with calpers which is the pension fund. as it stands now everybody will have to take a haircut and feel a lot of pain exempt for the pension fund and calpers. i'm not sure that is...
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Mar 19, 2013
03/13
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dagen: or the federal government because they need in the short run for people to buy their government bonds. connell: or maybe it is as bad as they think. >> it's not that bad. connell: there you go. good to see you, mark. let's go to back to nicole here. what are you looking at? >> taking a look here at the airlines. as we talked about, boeing ordering 150 new jets, airplanes from boeing. we moved on to the actual airlines and you take in a trip, do a business trip or a trip for pleasure, take a look at the group. delta not only many of these are winners year to date but they're hitting 52-week highs today. some have pulled back but we're seeing some names really jumping. for example, delta is up about 40% today. southwest airlines working on a new campaign. obviously we've seen a lot of consolidation in the industry. we've seen them getting full to capacity, cutting costs and obviously something is working right because you are seeing the group doing particularly well. let's take a look at the major market averages right now. the dollar just slightly stronger. and you see the dow hi
dagen: or the federal government because they need in the short run for people to buy their government bonds. connell: or maybe it is as bad as they think. >> it's not that bad. connell: there you go. good to see you, mark. let's go to back to nicole here. what are you looking at? >> taking a look here at the airlines. as we talked about, boeing ordering 150 new jets, airplanes from boeing. we moved on to the actual airlines and you take in a trip, do a business trip or a trip for...
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Mar 20, 2013
03/13
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>> government and the pension plan. they have been given a chance to go in and see if they can find money in san bernardino that san bernardino can find in their own books because they're in a big fight. san bernardino says we owe $143 billion, $143 million in pension, helpers says you owe $250 million. so they don't even agree on how much everybody is owed. lori: how much of the wage increases and even if the city isn't bankrupt, still has to put a tremendous burden because so many cities are in distress. melissa: is very common in california. it is about, the total budget for san bernardino is $250 million per year. police 64 million, the firefighters 30 some million, just shy of 100 million so it is pretty close to half of the whole entire city budget is police and fire. they get automatic pay raises based on the charter. the city council has had a vote to tear up the charter and they won't do it because the members supported by the unions vote lets keep the charter, they will have to wait for the bank of the judge t
>> government and the pension plan. they have been given a chance to go in and see if they can find money in san bernardino that san bernardino can find in their own books because they're in a big fight. san bernardino says we owe $143 billion, $143 million in pension, helpers says you owe $250 million. so they don't even agree on how much everybody is owed. lori: how much of the wage increases and even if the city isn't bankrupt, still has to put a tremendous burden because so many...
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Mar 18, 2013
03/13
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not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it really wasn't what they told us. stuart: you know, dr. carson is using pretty tough language and saying that the president is ruining the country. he uses that word, ruining. now he delivers it in a soft voice with a smile on his face and that's harsh stuff. you're a conservative. do you go that far, is he ruining the country? >> he has gone that far, yes, more and more people on the government dole. if things are getting better why are food stamps up to almost 100 billion dollars when prime minister took over 39 or 40
not bigger government. it's about taxes not having to go up to do the same thing. think about this, this whole sequester joke, you know, the pr messaging thing that they put out here that was going to be so bad is failing on them. and the white house is trying to backtrack on all the pr they put out how bad sequestration was going to be. the reality sequestration only brings us back to where we were in 2012 and 2011 and even when you account for increase in medicare and medicaid spending. it...
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Mar 22, 2013
03/13
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the government has created such restriction on the marketplace. it is no longer free market. businesses are finding ways to skirt the laws. they are making full-time employees part-time employees. it does not help the 15 million unemployed. dagen: when president obama said if you like your health insurance, you can keep it. people will be faced with that choice if they work for a small company and they decide to drop coverage. >> that is unfortunately not true, dagen. the fact is that prices should actually go down. insurance companies have a great incentive to actually reduce their rates. there will be more people paying. there will be a very few of us that are not insured. dagen: they cannot charge market rates for people with health conditions. they are limited to what they can charge older people. some people's premiums will go up. younger people, healthier people at small businesses. >> that should not be the case. young healthy people will have a good incentive to get into the market as opposed to paying a penalty. dagen: this is what the cbo said in the obama administr
the government has created such restriction on the marketplace. it is no longer free market. businesses are finding ways to skirt the laws. they are making full-time employees part-time employees. it does not help the 15 million unemployed. dagen: when president obama said if you like your health insurance, you can keep it. people will be faced with that choice if they work for a small company and they decide to drop coverage. >> that is unfortunately not true, dagen. the fact is that...
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Mar 18, 2013
03/13
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this move is unprecedented, it would basically allow the government to skim the bank accounts of every single person who makes a deposit into a cyprus bank account. if that is not enough, the country has closed all banks until thursday so if the decision is made there will not be anything anybody can do if they have money in the bank. now the world is bracing and waiting. what you should do with your money and with the impact could be. so excited to have you on tonight. university of chicago professor. what a team. let me start with you because i want you to set the scene for us because some people hear this and i think of cyprus is a tiny island, who cares. this could set off a chain reaction around the world, tell me why. >> if you have your bank deposits in another country that is shaky, italy, spain, portugal, and greece, you will say in my the next in line? so what we will be looking for over the next week or at any time or attention turns to a potential crisis in any of those countries is whether or not there is a run on the bank. the other thing we noted is they are still jiggli
this move is unprecedented, it would basically allow the government to skim the bank accounts of every single person who makes a deposit into a cyprus bank account. if that is not enough, the country has closed all banks until thursday so if the decision is made there will not be anything anybody can do if they have money in the bank. now the world is bracing and waiting. what you should do with your money and with the impact could be. so excited to have you on tonight. university of chicago...
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Mar 21, 2013
03/13
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dagen: we talked about though the complications created by government, local government, state governments, the federal government in running a business today. we're celebrating the anniversary of the health care law and, what we've seen washington do in recent years. is it getting worse to grow a business in this country? are you seeing any easing in sight? >> i think everything ebbs and flows. so i'm always a optimist. >> i'm an entrepreneur. dagen: you sell baby stuff. you're in the baby business. >> but the layers are complex. so i'm a big advocate of simplification and competitive playing field. i also think that we have a lot vested in still simplifying and removing barriers for businesses to keep making america the place of innovation. you know, there is no big business out there that it was, at one point wasn't a small business. what we do have is so many layers, just the efficiency of managing even compliance is disproportionately expensive, the smaller the business is. dagen: how is business? >> it's good. we're actually, one of the things i can say that is positive in the tax ch
dagen: we talked about though the complications created by government, local government, state governments, the federal government in running a business today. we're celebrating the anniversary of the health care law and, what we've seen washington do in recent years. is it getting worse to grow a business in this country? are you seeing any easing in sight? >> i think everything ebbs and flows. so i'm always a optimist. >> i'm an entrepreneur. dagen: you sell baby stuff. you're in...
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Mar 23, 2013
03/13
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this is their idea of government. everybody in the country needs to be paying attention to what the democrats and in some cases a handful of republicans are doing. at a time when we should be talking about transparency on the issues of our time. we are simply being brushed aside by imperious and elitist government. just a few days later, lawmakers admitted they were adopting law enforcement officers. imagine not. a month later, they said they wanted to use anned assault weapons. earlier this week, governor cuomo admitted that he had to amend the law. because it bans the sale of this. they didn't even think about that. the idiocy of the whole process is astounding. new report out today saying that governor cuomo is trying to lure the "tonight show" back to manhattan. that is right, nbc with three shows is trying to, well, basically dump the host of one of their three winning shows. these are brilliant people. right and to get the show back to manhattan providing 30 percent tax break if it decides to leave to caper but
this is their idea of government. everybody in the country needs to be paying attention to what the democrats and in some cases a handful of republicans are doing. at a time when we should be talking about transparency on the issues of our time. we are simply being brushed aside by imperious and elitist government. just a few days later, lawmakers admitted they were adopting law enforcement officers. imagine not. a month later, they said they wanted to use anned assault weapons. earlier this...
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Mar 23, 2013
03/13
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provincial government. it is incredibly thin in quÉbec. i like it, they power my car to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying the. neil: i do want to focus on this development about all of the money company selling out. but not like you'd expect help the economy. as we mentioned, a very serious commitment. >> the s&p 500 pays out in dividends. also hitting the 118 billion. letting the multiplier taken fact for invetors. the. neil: what you make of that? >> everyone running these companies -- not all of them are rational people. as opposed to taking a risk in investing it in some other way. it might create jobs, butt could also be a risk to the company. i sat on the board of the company that did just that. we looked at all of the options and say, we have cashier. we c use this cash. >> yes, this is still capital preservation. >> yes, a few things going
provincial government. it is incredibly thin in quÉbec. i like it, they power my car to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying the. neil: i do want to focus on this development about all of the money company selling out. but not like you'd expect help the economy. as we mentioned, a very serious commitment. >> the s&p 500 pays...
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Mar 20, 2013
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if they don't do that, the government shuts down. we can expect perhaps maybe by this evening the senate will do that and send that back over to the house. congress is set to go to congress next week so they have to get this done to avoid the government shutdown. the house has a budget, the senate has one, the fiscal year starts on october 1 to the ideas the house and senate will pass their budget in the next coming weeks and perhaps in the next coming years we could actually have a budget conference. negotiating one entire budget for the federal government was still working on the same old partisan divide. >> we are all concerned about the impact of the budget cuts. they are senseless and they are ridiculous, we should do away with them. >> the plan we're seeing from the democratic leadership is a failed plan for america. it does not alter the debt course for america, no growth component to it. it spends more and taxes more. it strengthens the government, the bureaucracy and weakens the private sector. rich: they balance the budget
if they don't do that, the government shuts down. we can expect perhaps maybe by this evening the senate will do that and send that back over to the house. congress is set to go to congress next week so they have to get this done to avoid the government shutdown. the house has a budget, the senate has one, the fiscal year starts on october 1 to the ideas the house and senate will pass their budget in the next coming weeks and perhaps in the next coming years we could actually have a budget...
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Mar 19, 2013
03/13
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government debt. 1.89% yield. similar story for the 30-year. off seven basis points, yielding 3.11%. we're back after this. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightfoard guidance and be ae to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> good afternoon, i'm sandra smith with your fox business brief. the world's largest money manager blackrock, planning to say off nearly 300 employees. the memo came by reuters. blackrock's president said despite the layoffs the company will continue hiring and expects to end the year with more employees than it currently has. blackrock shares jumped nearly 50% in the past three
government debt. 1.89% yield. similar story for the 30-year. off seven basis points, yielding 3.11%. we're back after this. ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on...
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Mar 25, 2013
03/13
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ex-inning a great deal of economic muscle now in europe, calling the shots with regard to national governments in europe and certainly a threat i think to national sovereignty in europe. ashley: nile, in the last 30 seconds or so, where does this all lead us? we talked before about the eurozone breaking up but is this a watershed moment in some respects because the rules have really been changed? >> i do think it is a watershed moment and it is going to encourage i think a number of european countries to consider exiting the euro all together and i would think that certainly for the greeks, for example, that, what's happened in cyprus will frighten a the are of people there. it is going to lead to many greeks calling for an exit from the euro all together. i think if the greeks go, then certainly others could well follow suit. so i do think this send all the wrong signals actually across europe and it will fundamentally undermined confidence in the banking system in many european countries. ashley: we're out of time. thank you so much, nile gardiner with the heritage foundation as always, than
ex-inning a great deal of economic muscle now in europe, calling the shots with regard to national governments in europe and certainly a threat i think to national sovereignty in europe. ashley: nile, in the last 30 seconds or so, where does this all lead us? we talked before about the eurozone breaking up but is this a watershed moment in some respects because the rules have really been changed? >> i do think it is a watershed moment and it is going to encourage i think a number of...
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Mar 24, 2013
03/13
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government. all of the politics that goes on. thatith the fact that you ruined the country now if that was thriving. as one of our previous vigil said. it was thriving on its own before it entered the eurozone. >> my parents were born there and i can tell you that economically, they have a beautiful country. they wouldn't have had this. neil: maybe they will wake up and realize however dramatic and unruly be adjustments, maybe the longer-term direction is away from a club where most of the members don't even qualify to be a part of it and just bolt from the club altogether. in the european union union does divide. >> yes, it is a battle for supremacy for a domination of europe. it is being done almost totally covertly without real approval of citizens. >> there is the european union going? >> i think it will. being british, i hope that it will. i am vice president of the independence party in the uk. >> i have no idea. i always thought that was a fake accent. [laughter] >> you know, the country t
government. all of the politics that goes on. thatith the fact that you ruined the country now if that was thriving. as one of our previous vigil said. it was thriving on its own before it entered the eurozone. >> my parents were born there and i can tell you that economically, they have a beautiful country. they wouldn't have had this. neil: maybe they will wake up and realize however dramatic and unruly be adjustments, maybe the longer-term direction is away from a club where most of...
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Mar 26, 2013
03/13
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they are toming the list of the federal government for disability checks. send it back to you, melissa. melissa: liz, great reporting. thanks very much. adam:. >> sure. adam: charlie gasparino will have exclusive details on the battle for dell. melissa: a vial of a deadly virus gone missing? how does this happen? the shocking vulnerability of america's bioterror labs that. is ahead. adam: also a look at 10 and 30-year treasurys. >> i'm dennis kneale with your fox business brief. durable goods orders surged up almost 6% in february, far better than expected and a rebound from the almost 5% plunge in orders the month before. durable goods include cars, dish walkers and other products built to last three years or more. >>> the federal reserve is pressing citigroup to improve its anti-money laundering controls demanding citi submit a plan to improve companiwide oversight. the federal order expands on similar orders given to individual citigroup units last year. citigroup said it made substantial progress in strengthing compliance. >> ipo fund-raising jumping 50
they are toming the list of the federal government for disability checks. send it back to you, melissa. melissa: liz, great reporting. thanks very much. adam:. >> sure. adam: charlie gasparino will have exclusive details on the battle for dell. melissa: a vial of a deadly virus gone missing? how does this happen? the shocking vulnerability of america's bioterror labs that. is ahead. adam: also a look at 10 and 30-year treasurys. >> i'm dennis kneale with your fox business brief....
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government one hundred forty million pounds a year the result something the local government minister. and the whole political situation where no one speaks english as their main language in too many british households so if you can only read your local council newsletter in bengali arabic or somali you might think about signing up for some english lessons otherwise it could all end up greek to you polly boy artsy. a quick look now at other news making headlines around the world the president of my ma has declared a state of emergency in the city of me after three days of relentless that terry in violent gangs of buddhists armed with machetes and told she's a beauty which in most. part is the worst violence to hit mine marston's last summer's deadly riots in the west of the country. tensions are running high in the syrian capital as mourners prepare to bury the muslim preacher killed in a suicide bomb attack on a mosque last thursday forty nine people died in the attack including a staunch supporter of president bashar al assad sheikh bootie the syrian president hit out at the perpetr
government one hundred forty million pounds a year the result something the local government minister. and the whole political situation where no one speaks english as their main language in too many british households so if you can only read your local council newsletter in bengali arabic or somali you might think about signing up for some english lessons otherwise it could all end up greek to you polly boy artsy. a quick look now at other news making headlines around the world the president...
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says the syrian government so this is the context of this killing everybody was angry everybody said that he should not be killed he is one of the most famous. leda in syria everybody said that he did not make a crime he did not kill anyone he just given his opinion if you are making an average looking for freedom he has the freedom to say whatever he wants that's that's what he wants everybody say that even say or someone in his age he's eighty four years old he's not fighting should be should not be killed at all and this is a crime even people of position or people support for the government agreed that this should not be done that way at least. for a skit civil reaction to this from syrian political activist danny makki is joining us on the line live from london hi there danny how do you expect this latest high profile killing to affect the situation is it going to affect it. well to an extent this does signify a new scenario in a new situation in the syrian crisis we have entered a new phase where the free syrian army is losing support after this atrocity which really left many
says the syrian government so this is the context of this killing everybody was angry everybody said that he should not be killed he is one of the most famous. leda in syria everybody said that he did not make a crime he did not kill anyone he just given his opinion if you are making an average looking for freedom he has the freedom to say whatever he wants that's that's what he wants everybody say that even say or someone in his age he's eighty four years old he's not fighting should be should...
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Mar 25, 2013
03/13
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it is high because of government barriers. obamacare is an increased cost placed on businesses that makes it far more expensive to hire workers. 7.7%, the nature of job opportunities is greatly reduced for all americans. the president cannot create jobs, but in obama's case, he can create a lot of barriers to job creation. there is a lot of skepticism. dagen: gasoline prices going up again. we would like to blame whoever is in the white house for gasoline prices. >> i would argue that it is very much in the white house's hands. people are going to work every day and it cost a lot more to get there. this is a simple dollar problem. you would very quickly seek gasoline prices falling. you would see a far more happy electorate. this is the quickest way to anger and electorate to reduce the value of the limited earnings that they have. dagen: john, it was great to talk to you, as always. think you for being here on this monday morning. john, forbes opinion editor. connell: we have seen a spike go higher on the dollar. in the meant
it is high because of government barriers. obamacare is an increased cost placed on businesses that makes it far more expensive to hire workers. 7.7%, the nature of job opportunities is greatly reduced for all americans. the president cannot create jobs, but in obama's case, he can create a lot of barriers to job creation. there is a lot of skepticism. dagen: gasoline prices going up again. we would like to blame whoever is in the white house for gasoline prices. >> i would argue that it...
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Mar 23, 2013
03/13
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provincial government. it is incredibly thin in quÉbec. i like it, they power my car to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a difference? search "cost of financial advisors" ouch. over time it really adds up. then go to e-trade and find out how much our advice costs. spoiler alert: it's low. really? yes, really. e-trade offers investmen
provincial government. it is incredibly thin in quÉbec. i like it, they power my car to get here. i'm not going to be an idiot to ride my bicycle to work and tucks in my pants. neil: steve, it is always good to have you. on that issue, whether it is big oil or anything above, saying thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking...
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Mar 19, 2013
03/13
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people look at china, see unbelievable 9% growth rate, first of all if you believe the government is telling you the truth about that but that doesn't always track specifically with the returns on the investment in these country, right? >> absolutely. we city a study as a matter of fact. we always felt gdp growth is not correlated to stock market earns. david: look at united states we've been growing at miniscule levels yet the stock market is booming. >> let's take the example of china and mexico. we go back since we have data since 1995 china has grown faster than any country in the world, gdp growth 9.5%. david: put that chart back up, please. the blue line growing up, that is not china. that is mexico. mexico hasn't been growing as fast as china but market returns are much bigger. >> mexico is 2.7% gdp over same period of time much like the united states. mexico returned 12.8% annually. relative to china, 1.8% annually since 1995. that is substantial difference compounding one's wealth. lauren: that is why you look beyond the countries and you focus on the consumer trend and comp
people look at china, see unbelievable 9% growth rate, first of all if you believe the government is telling you the truth about that but that doesn't always track specifically with the returns on the investment in these country, right? >> absolutely. we city a study as a matter of fact. we always felt gdp growth is not correlated to stock market earns. david: look at united states we've been growing at miniscule levels yet the stock market is booming. >> let's take the example of...
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Mar 18, 2013
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is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's, it's money just sitting there. it's, easy to just take a piece of it. it is much harder than to try to get money out of landowners or something like that. and banks were -- but it's the same. it's the same. erin, that is what we have to keep in mind. it is the same as property, whether it is cash in the bank because, there was something, that maybe it's a quaint old expression but called deposit insurance. remember that? you were supposed to be insured against any kind of confiscation of the money that you have already earned and that you h
is blaming it on the cyprus government. they gave them half the bailout money and said you would have to come up with the other half. this looked like the easiest way to get it. david: we had breaking news from liz macdonald reporting that the banks apparently were okay with this. that the banks would rather have the depositers be stuck with paying this off than have it, expose them in any way? >> yeah, well, i think in many ways, it set as dangerous precedent but at the same time, it's,...
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Mar 22, 2013
03/13
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>> your federal government out work. we're in a room with libertarian thinkers but there is a problem that in the pure libertarian sense to have the idea there should be the unrestricted movement of human beings trans global individual liberty by the way the al qaeda thinks that is sandy -- just fine. john: but keep them now. >> what about the guy who was struggling to keep a job with wage credibility and in a downward spiral because of excess levels of immigration? that may not be this zero sum game but there are zero -- consequences to kill legal immigration. john: yes, veronique de rugy subsidy is paid less because you are here. >> the data overwhelmingly shows by increased economic growth but the duty is even low-skilled immigrants are good for this econom they are benefiting not just people like me or people working in washington d.c. because they know their lawn, watched their children but this is not the zero sum game and the data is clear it is a no-brainer. john: of the immigrant pains my house we are richer? >>
>> your federal government out work. we're in a room with libertarian thinkers but there is a problem that in the pure libertarian sense to have the idea there should be the unrestricted movement of human beings trans global individual liberty by the way the al qaeda thinks that is sandy -- just fine. john: but keep them now. >> what about the guy who was struggling to keep a job with wage credibility and in a downward spiral because of excess levels of immigration? that may not be...
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Mar 24, 2013
03/13
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during the crisis, the response of the government was to increase the levels of account sizes that were insured. i considered that to be extremely unlikely in the united states. >> don lee at the l.a. times. would you be in favor of reducing the flow of stimulus ago we had a month or two of job growth light in february, the unemployment rate dropping, but the long-term unemployed did not change much? and a related question, how much of a pickup you expect to see in the labor force rate?ipation what would we need to see there to show substantial improvement? >> on the first question, as i said, that is a decision for the committee. we will make a judgment about how significant improvement is, how sustained it is. long-term unemployment is one dimension of the unemployment problem. i think probably the best way to get the long-term unemployed back to work is to get an overall strong labor market. we would be looking at the overall key indicators like overall unemployment rate, payrolls, and hiring, and some other things that i mentioned. the other part of your question was about labor for
during the crisis, the response of the government was to increase the levels of account sizes that were insured. i considered that to be extremely unlikely in the united states. >> don lee at the l.a. times. would you be in favor of reducing the flow of stimulus ago we had a month or two of job growth light in february, the unemployment rate dropping, but the long-term unemployed did not change much? and a related question, how much of a pickup you expect to see in the labor force...
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social media unit should don't wish to merge just as the government uses social media for explaining for complaining for propaganda or for spinning it also has to deal with private soldiers using new media every soldier is a broadcast station. it looks innocent enough but this soldier got two weeks in a military prison. while after posting these pictures on his facebook profile this infantry fighter was brought to book for abuse of power and misuse of army weaponry . these soldiers turned a patrol in hebron into a dance move. it angered the i.d.f. but others felt they did a far better job of showing the human side of the army than any spin doctor ever courage under the military code of justice offense and i think that sergeant and above which is that in fact any conduct which is unbecoming an i.d.f. soldier would would would be for really potentially at least exposure to criminal liability could actually find yourself in jail but it's not always fun and games neither is it so clear cut the i.d.f. told r.t. that a sniper who posted this image was dealt with appropriately it's the prob
social media unit should don't wish to merge just as the government uses social media for explaining for complaining for propaganda or for spinning it also has to deal with private soldiers using new media every soldier is a broadcast station. it looks innocent enough but this soldier got two weeks in a military prison. while after posting these pictures on his facebook profile this infantry fighter was brought to book for abuse of power and misuse of army weaponry . these soldiers turned a...
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reason behind this is the mechanisms that we used in the selection of a head of government. under the ground whose coalition wasn't elected it was the point and radicals make up the majority that does not match the reality of syrian society if this coalition was the result of free and fair elections then we would have accepted the results of the vote should not deprive syrian minorities of the right to produce a bit in political life as one should not to bribe the syrian liberal political groups have the rights at this stage of rebuilding a home where the coalition should not be about revolutionary power it should be about a legitimate government and the german government should represent the opinions and interests of the whole syrian nation our position is balanced and we see that what we are seeing now is wrong. just a few minutes we'll take a look back at president obama's visit to israel and palestine to see what if anything was achieved. when you have no way to live. when you don't have a family. when you have no one to ask for help you can always count on. this matter
reason behind this is the mechanisms that we used in the selection of a head of government. under the ground whose coalition wasn't elected it was the point and radicals make up the majority that does not match the reality of syrian society if this coalition was the result of free and fair elections then we would have accepted the results of the vote should not deprive syrian minorities of the right to produce a bit in political life as one should not to bribe the syrian liberal political...
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Mar 22, 2013
03/13
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it could use government owned real estate as collateral to raise the money. in a statement they said they're ready to discuss a new proposal. the european central bank officials say it will continue to extend emergency funding until monday. they urged a formal agreement should be reached with the eu for the bailout soon possible. let's get a check on the markets now. the dow jones industrial average fell on thursday. that's after further concerns with the banking crisis in cyprus. to see how stocks are performing let's go do ramin. we've seen a pull back in european and u.s. markets. are we seeing that down trend continue here? >> yes, we are. the main drag on the market s the reemergence about concerns with the banking scenario surrounding cyprus. that led the euro lower including the yen. let's have a look at the exact opening levels for today, friday, march 22nd. both indexes are trading lower. we're going to see if the nikkei ends in the positive or the negative. we felt the jitters and volatility this week that's for sure. your zone pmi or business activ
it could use government owned real estate as collateral to raise the money. in a statement they said they're ready to discuss a new proposal. the european central bank officials say it will continue to extend emergency funding until monday. they urged a formal agreement should be reached with the eu for the bailout soon possible. let's get a check on the markets now. the dow jones industrial average fell on thursday. that's after further concerns with the banking crisis in cyprus. to see how...
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Mar 22, 2013
03/13
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italy will have drama trying to form a government. 14,514, what we need to get positive on the week. 14 points short. believe it or not, the worst week all year. that's how strong we've been. the dow up 11% almost for the year. take a look at the media stocks. bill grifr it and i were talking, the ceo of hbo talked about unbundling it. guys make too much money keeping the bundles together. time warner is up, comcast is up and netflix down, a negative for them. this is a great idea but don't expect it to happen any time soon. steel stocks, could it get any worse? ak steel lowered their eps guidance, a ten-year low for ak steel. horrible for the steel companies overall. finally, good day for the earnings. mike ron, nike, good ones with tiffany as well, but remember, mandy, oracle and, of course, caterpillar and, of course, federal express. hard to get rid of those three earlier in the week. back to you. >> absolutely. by the way, you mentioned ak steel. we'll be talking about resources stocks later on in the show. >> well, to cyprus where things are starting to get real. cash is runnin
italy will have drama trying to form a government. 14,514, what we need to get positive on the week. 14 points short. believe it or not, the worst week all year. that's how strong we've been. the dow up 11% almost for the year. take a look at the media stocks. bill grifr it and i were talking, the ceo of hbo talked about unbundling it. guys make too much money keeping the bundles together. time warner is up, comcast is up and netflix down, a negative for them. this is a great idea but don't...
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Mar 26, 2013
03/13
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although it is free from government forces, divisions are deep. this man is geared to show his identity. >> we're trying to agree. it will follow a civil laws. >> they are happy to show his face. >> will already have the islamic laws. there are already laws in the koran. >> debate about is whether the future state will be religious or secular. it isn't just worry and the minority. some problems in different opinions. there are some. >> is more than a story of the christian village. >> is the nature of the law and order in syria. those that fought side by side against the state now fear the top stories this hour, the central african republic, dissolving parliament. cyprus is banks will stay shut until thursday. to stop a run on deposits. the $13 billion international bailout. the united nations is moving around international staff out of syria. the hotel as housing workers in damascus. states has promised to cooperate with the afghan government on security. eohn kerry said he was on this same page. jennifer glass reports. afghans have been waiting
although it is free from government forces, divisions are deep. this man is geared to show his identity. >> we're trying to agree. it will follow a civil laws. >> they are happy to show his face. >> will already have the islamic laws. there are already laws in the koran. >> debate about is whether the future state will be religious or secular. it isn't just worry and the minority. some problems in different opinions. there are some. >> is more than a story of the...
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Mar 20, 2013
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these would include the bank's purchase of government bonds. it buys bonds with maturities of up to three years. he will also likely accelerate the plan to purchase a certain amount of bonds every month without setting a time limit. >>> now take a look at the market figures. >>> now take a look at the extended weather forecast for cities around the world. >>> and that wraps up this edition of "newsline." thanks for >>> today, this garden is part of the headquarters of the school of tea ceremony. it is normally closed to the public and filming is permitted only on rare occasions. in japanese, the tea ceremony is a tradition of hospitality that brings significance to the spirit of drinking tea. it has inspired the creation of the garden we will see today. so let's visit this estate where the traditions of the tea ceremony have been maintained for more than 400 years. one of the schools of tea ceremony upholding the legacy of the great tea master. this elegant gate was a gift from a powerful man who lived in those days. the tea garden was laid out
these would include the bank's purchase of government bonds. it buys bonds with maturities of up to three years. he will also likely accelerate the plan to purchase a certain amount of bonds every month without setting a time limit. >>> now take a look at the market figures. >>> now take a look at the extended weather forecast for cities around the world. >>> and that wraps up this edition of "newsline." thanks for >>> today, this garden is part of...
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Mar 19, 2013
03/13
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you don't need anything from the government other than the government to say, all vehicles purchased by the federal government every year, 200,000 vehicles, will be on domestic fuel. it doesn't have to be on natural gas. i'm all american. i will take anything just so it's american. what i want it do is get of of opec oil and quit paying for both sides of the war. what that's what we're doing. everybody understands. yeah. we're stupid to do that. melissa: no. and while we're putting all of our eggs in the natural gas basket let me ask you about prices there because there was an article out last week that has gotten a lot of attention talking about the sleeping giant in natural gas and predicting the price was going tox flowed. we've seen the price of natural gas be depressed over the past this year mainly because we've seen all the fantastic supply come online because of fracking. where do you think the price of natural gas is headed and are you worried there could be a dramatic spike that would derail these plans? >> no. i don't think, i don't think there is any prospect of that. you
you don't need anything from the government other than the government to say, all vehicles purchased by the federal government every year, 200,000 vehicles, will be on domestic fuel. it doesn't have to be on natural gas. i'm all american. i will take anything just so it's american. what i want it do is get of of opec oil and quit paying for both sides of the war. what that's what we're doing. everybody understands. yeah. we're stupid to do that. melissa: no. and while we're putting all of our...
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our government to release them. but fi is not on that list but let's be clear everybody in guantanamo is indefinitely detained nobody is being released cleared for release or not why nor joy you to me surely to explain the u.s. must have a justified legal reason for keeping these people locked up. yes the reason very simple and it's at the foot of president obama now you're talking to a federal defender what that means is that i come from the far left i am a liberal i believe in president obama and i voted for him twice but this is a broken promise one that he has chosen to abide by and not abide by excuse me he looks at the republicans in congress he says it's their fault well as of today there's not one person in the ministration i can contact to redress these problems there's nobody in the entire obama administration i could call and say let's stop the hunger strike i'm forced to do that at the base with with. young officers at the base if people do start to die do you think there will be any more attention from
our government to release them. but fi is not on that list but let's be clear everybody in guantanamo is indefinitely detained nobody is being released cleared for release or not why nor joy you to me surely to explain the u.s. must have a justified legal reason for keeping these people locked up. yes the reason very simple and it's at the foot of president obama now you're talking to a federal defender what that means is that i come from the far left i am a liberal i believe in president obama...
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government doesn't close the facility with some inmates held that without charge and tells just a few minutes. to . see. my. i've . upset i. hello again the hunger strike among guantanamo bay prisoners has ended its forty fifth day a point that could become critical for inmates health according to doctors rights groups claim more than one hundred detainees are refusing food the mistreatment while the pentagon maintains the number is much lower the strike has brought the prisoners back into the headlines at least one form is being kept there without charge i reports on the british government's response. to the u.k. foreign office for that position and we can have a listen to the statement that we were saved back right now. u.k. has long held that indefinite detention without review of a fair trial is unacceptable and we welcome president obama's continuing commitment to closing the detention facility at guantanamo bay and to maintain the lawful sustainable and principled regime for the handling of detainees there so quite an anodyne tax thread that sounds like it could be in some serio
government doesn't close the facility with some inmates held that without charge and tells just a few minutes. to . see. my. i've . upset i. hello again the hunger strike among guantanamo bay prisoners has ended its forty fifth day a point that could become critical for inmates health according to doctors rights groups claim more than one hundred detainees are refusing food the mistreatment while the pentagon maintains the number is much lower the strike has brought the prisoners back into the...
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government hasn't closed the facility with some inmates that. we are facing a lot of problems. because no one thought to drink no good school. mates when you park. your local what's not enough wealth is a law in the local needs you might want to community l.n.g. molten will be used. down for a matter of artist i was fired almost. all fired. by a right. been living this way to seventeenth century. tricked. their communities are the cell and. they clearly distinguish between their own and the alien. and garner family and faith and the treasure. a clear image of iraq after invasion. twenty day taxi trip through the country. the road full of danger. clear evidence from north to south. the route of iraqi tragedy. after the war waiting for peace. taxi on our t.v. . when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to wonder just a bit longer. if the dream of millions of migrants that their children might choose their own motherland. i want my children to win over moscow. russia has become this stepmother l
government hasn't closed the facility with some inmates that. we are facing a lot of problems. because no one thought to drink no good school. mates when you park. your local what's not enough wealth is a law in the local needs you might want to community l.n.g. molten will be used. down for a matter of artist i was fired almost. all fired. by a right. been living this way to seventeenth century. tricked. their communities are the cell and. they clearly distinguish between their own and the...
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the capital flows will be temporarily restricted the last ditch deal may be hailed as a relief by the government and the e.u. but it's. people struggling to get money. from. this like. part of. that ten billion euro bailout and what will. happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here a lost whatever money they have here and many cypriots for the past week have been going to motional rollercoaster wondering what is going to happen to their money to their savings i think look at this example one day it was here the next day it is it and they're wondering is the same thing going to happen to their jobs or their savings to everything else they think they have precisely what did you choose and tonio and manager for the country's biggest bank the bank of cyprus has been thinking all through this rollercoaster week for the first time in my life for fifty four years. and the last week and especially. i was. just too. many more. to. say ok. the bank of cyprus according to th
the capital flows will be temporarily restricted the last ditch deal may be hailed as a relief by the government and the e.u. but it's. people struggling to get money. from. this like. part of. that ten billion euro bailout and what will. happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here a lost whatever money they have here and many cypriots for the past week have been...
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Mar 18, 2013
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in reality they're either illegal or heavily regulated by the government and there's something close to monopoly and something similar that allows companies to jack up prices just like you can force people to pay more when you have all four railroads on the monopoly board. it's called oligopoly where a handful of companies control an entire industry. it's a concept we'll be talking about all week here on "mad money" because the oligopoly business model is so fantastic this we'll develop an oligopoly series. when you have a nice, stable slap-happy oligopoly with three or four companies with high barriers to enter your competitors and they're simply afraid to jump in the space that makes for some terrific performing stocks. so what's the first industry in our board game of oligopoly? i you to understand just how powerful this is which is why tonight we'll start with an emerging oligopoly. a business that was so downright horrible and it had ruinous competition. i'm talking about, of course -- ♪ >> the airlines! >> i went positive on the airlines for the first time since the 1980s bec
in reality they're either illegal or heavily regulated by the government and there's something close to monopoly and something similar that allows companies to jack up prices just like you can force people to pay more when you have all four railroads on the monopoly board. it's called oligopoly where a handful of companies control an entire industry. it's a concept we'll be talking about all week here on "mad money" because the oligopoly business model is so fantastic this we'll...
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Mar 21, 2013
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we being our government, our central bank, than the european central banks and their disparate government as well as that of the e.u.. this business of trying to confiscate 10% of deposits in cyprus was pure lunacy. the kind of misjudgment that can create immense problems, unforeseen consequences and i think we'll see it. if russia steps into cypress, again we've got to keep this in context, 1.1 million people, mostly greeks, do business mostly with greeks but a third of the deposits there are russian. these folks have, you know, if they end up doing a deal which russia bails them out, the e.u. will be set back tremendously and there will be reverberations but i think we have to make it clear. there will be no contagion to the united states. lori: i just want to remind our viewers and i just got a note from nicole petallides who is greek, family members from cyprus, her cousin telling her there are long lines at the bank. the banking news this hour they lowered the limit of money you can take out of the atms. melissa: thattis increasing panic. lori: self-fulfilling prophecy, right? >> mak
we being our government, our central bank, than the european central banks and their disparate government as well as that of the e.u.. this business of trying to confiscate 10% of deposits in cyprus was pure lunacy. the kind of misjudgment that can create immense problems, unforeseen consequences and i think we'll see it. if russia steps into cypress, again we've got to keep this in context, 1.1 million people, mostly greeks, do business mostly with greeks but a third of the deposits there are...
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government doesn't close the facility on the few stories in just a few minutes. we are facing a lot of problem. because no one. school. when you are. other local what's not enough wealth is a wall in the local community one a community l.n.g. mold and will be. done for america up artist i was fired i must fight. i'll fight. for rights. when living in the seventeenth century. tricked. their community on the ceiling. they clearly distinguish between their old. guard their family and things and the treasure. actually your image of iraq after inflation. twenty day taxi trip through the country. the road full of dangerous. clear evidence from north to south. the root of iraqi tragedy. after the war waiting for peace. taxi on r.t.e. . when their own country can't offer them a living even loving mothers sometimes have to leave their children behind. i don't like to want just a bed longer. is the dream of millions of migrants that their children might choose their own motherland. is in a mood. i want my children to win over moscow. russia has become this step motherland.
government doesn't close the facility on the few stories in just a few minutes. we are facing a lot of problem. because no one. school. when you are. other local what's not enough wealth is a wall in the local community one a community l.n.g. mold and will be. done for america up artist i was fired i must fight. i'll fight. for rights. when living in the seventeenth century. tricked. their community on the ceiling. they clearly distinguish between their old. guard their family and things and...
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Mar 21, 2013
03/13
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our biggest competitor are governments that operate airlines. and the second thing is our government needs to solve the sequester problem. >> got it. well, it's interesting that you bring this up, because this is obvious the issue that's front and center for so many corporations out there, that this dysfunction in washington. but in terms of your own investing, we talked off-camera a moment ago. you bought into a mexican company. where around the world, aside from the united states, are you seeing growth and where are you investing your money? >> we have big investments in mexico. we're an owner in aeromexico and have an exclusive partnership with them. mexico is a wonderful place to do business. balanced budgets, strong gdp, low unemployment. the second place is gal airlines in brazil, the largest domestic carrier in brazil. and we're in the process of buying 49% of virgin atlantic airways, to form a giant venture across the transatlantic. >> good to have you on the program. >> you're nice to have me. appreciate it very much. >> richard anderso
our biggest competitor are governments that operate airlines. and the second thing is our government needs to solve the sequester problem. >> got it. well, it's interesting that you bring this up, because this is obvious the issue that's front and center for so many corporations out there, that this dysfunction in washington. but in terms of your own investing, we talked off-camera a moment ago. you bought into a mexican company. where around the world, aside from the united states, are...
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Mar 20, 2013
03/13
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the complaint and was not the government itself. charles: the big case with the spotted owl, the one where a lot of people lost their jobs. a spotted owl is almost instinct anyway. it is amazing. >> candidly, they fill them with ideologues with a political agenda. as disappointed as i am, i am not surprised. charles: judge andrew napolitano, thank you. a man not afraid to speak his mind when it comes to politics. we will ask the dr. after this. >> it is almost laughable some of the things that i hear people say. they say he is a neurosurgeon so he could not know anything about economics. [ laughter ] >> it is not brain surgery. [ applause ] ♪ ♪ [ male announcer ] it was designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it
the complaint and was not the government itself. charles: the big case with the spotted owl, the one where a lot of people lost their jobs. a spotted owl is almost instinct anyway. it is amazing. >> candidly, they fill them with ideologues with a political agenda. as disappointed as i am, i am not surprised. charles: judge andrew napolitano, thank you. a man not afraid to speak his mind when it comes to politics. we will ask the dr. after this. >> it is almost laughable some of the...
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pressure could be put on other governments friendly governments within the european union maybe elsewhere in the world to actually take some of those guantanamo detainees who have been cleared for release it's approximately seventy people who have been cleared and yet no solution has been found for them some countries the u.k. is one have already taken some of their own residence but nobody is are seems to be offering any additional help at the moment so the united states is basically left with no solution as to where these people can go and as your report says as well they appear to actually have given up really trying to find a real solution for these people which is horrendous and a real blot on the human rights record i think of the united states president barack obama when he first stepped into the scene as president he said that his fear for is a major you know work it's a close up of guantanamo but now the u.s. military has asked for forty nine million dollars to construct a new prison building at the facility how does this all add up well i don't think it does add up i think the b
pressure could be put on other governments friendly governments within the european union maybe elsewhere in the world to actually take some of those guantanamo detainees who have been cleared for release it's approximately seventy people who have been cleared and yet no solution has been found for them some countries the u.k. is one have already taken some of their own residence but nobody is are seems to be offering any additional help at the moment so the united states is basically left with...
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Mar 25, 2013
03/13
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[inaudible] what does it say about the priority of this coalition government? >> it's an important priority we have taken on in budget after budget even in difficult times say we are on your side, we want to cut your taxes bills. in two weeks time there are is a tax cut of over 200 pounds for 24 million people in our country. each and every taxpayer at the same time lifting over 2 million people out of tax and don't pay any income tax at all. it's progress on the side of people who work hard and want to get on. >> what is the prime minister planning to spend his millionaire's tax on? [cheering and applause] >> honorable lady, when the top rate of tax put up, millionaires paid 7 million pounds less. that's incompetent and inefficient sei she left -- to support. >> the question is asked, when the prime minister is giving -- [inaudible] dr. julian lewis. give him the sas nighting gail had the qirks quashed following the quashing of his military prison sentence last year, does the prime minister agree with me that it would be totally against the public interest and
[inaudible] what does it say about the priority of this coalition government? >> it's an important priority we have taken on in budget after budget even in difficult times say we are on your side, we want to cut your taxes bills. in two weeks time there are is a tax cut of over 200 pounds for 24 million people in our country. each and every taxpayer at the same time lifting over 2 million people out of tax and don't pay any income tax at all. it's progress on the side of people who work...
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Mar 20, 2013
03/13
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CNBC
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therefore, we will be looking at fresh elections in june and a caretaker government until then. which if you're an american investor is like a get out of jail free card. >>> meanwhile, the home builders are rallying into the close. check out the guys,ys,oe simmon, all gains. george osbourne here has given his annual budget. he told the bank of england to do more to stimulate the u.k. economy. 2% is a target, it's not enough. he wants more extraordinary measures. in other words, he wants more qe. don't forget the bank of canada's governor is taking over the bank of england in june. what's interesting is that the recent bank of england meetings actually they have rejected the idea of more qe above half a trillion u.s. dollars for fear of what it might do to sterling. this is important going forward. look at the decline this year that you have had for sterling against the dollar compared to the decline that you have had on the euro. it's a much bigger fall. it's a much smaller economic area. beware of sterling crisis in 2013. scott, back to you. >> thanks so much for that. so what
therefore, we will be looking at fresh elections in june and a caretaker government until then. which if you're an american investor is like a get out of jail free card. >>> meanwhile, the home builders are rallying into the close. check out the guys,ys,oe simmon, all gains. george osbourne here has given his annual budget. he told the bank of england to do more to stimulate the u.k. economy. 2% is a target, it's not enough. he wants more extraordinary measures. in other words, he...
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more than a thousand students have protested in nicosia against the last ditch bailout deal the government struck with its creditors on sunday school and university students marched to the presidential palace in the separate capital chanting slogans and saying their future has been stolen that says the chairman of the bank of cyprus the country's largest financial institution resigned while all banks in the mediterranean state remain closed until thursday to prevent a massive run on accounts depositors with over one hundred thousand euros and two of the main banks could see about forty percent of their assets taken to raise money for the crucial. reports now from nicosia. now this is. is that at the heart of the deal that cyprus sealed with its international creditors to get that ten billion euro bailout it needs and what will happen to this back essentially is it will be split into pieces and people with deposits of more than one hundred thousand euros that are uninsured will have to take a huge here haircut a lost whatever money they have here and many cypriots for the past week i've bee
more than a thousand students have protested in nicosia against the last ditch bailout deal the government struck with its creditors on sunday school and university students marched to the presidential palace in the separate capital chanting slogans and saying their future has been stolen that says the chairman of the bank of cyprus the country's largest financial institution resigned while all banks in the mediterranean state remain closed until thursday to prevent a massive run on accounts...
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Mar 26, 2013
03/13
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KQED
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> reporter: americans have overwhelmingly embracedger netwo generic drugs over brand names, but the government is asking the supreme court to consider whether consumers have been cheated out of even more savings by so-called pay for delay drug patent deals that keep drugs from coming to market sooner. the case involved the drug androjel. the drug's distributor struck a deal with watson pharmaceutical in 2006, which keeps the generic off shelves until 2015 in exchange for a fee. the industry contends in reaching some settlements for drugs like lipitor, consumers have benefitted. >> lipitor is coming to the market five years before the expiration of the patent, saving $4.5 billion per year. this is one of many patent settlements that involved some kind of consideration that saved consumers and the federal government billions of dollars. >> reporter: aarp and the ama argue settlements allowing big pharma companies which pay companies to wait, undermine abilities for doctors to give cost-effective prescriptions to patients. analysts from deerfield institute found generics lost 52% of them. armen .
> reporter: americans have overwhelmingly embracedger netwo generic drugs over brand names, but the government is asking the supreme court to consider whether consumers have been cheated out of even more savings by so-called pay for delay drug patent deals that keep drugs from coming to market sooner. the case involved the drug androjel. the drug's distributor struck a deal with watson pharmaceutical in 2006, which keeps the generic off shelves until 2015 in exchange for a fee. the industry...
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Mar 19, 2013
03/13
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a place for the russians to hide money from the government. if these banks were in the united states they would have been seized a long time ago so any testament to the cluelessness and phony supervision of the brain dead european regulators that it ever got out of hand like this. service. we're in big trouble. who knows? it could happen here probably around the corner. and that's when i blew my top. first, our banks are the best regulated in the world despite what senator elizabeth warren and chief prosecutor -- i'm sorry, chief reporter gretchen morganson from the new york times might tell us. it's not going to happen here and while i think it's always right to worry about the italian banks because they're poorly capitalized, i'm not going to saber rattle and make you fearful of wells fargo or huntington bancorp or first horizon or j.p. morgan. love 40, i say. no, no, game! at that point it was my turn to serve. i had no more patience. to each and every bear and by my account there were a dozen of them, i ask what does the cyprus crisis have
a place for the russians to hide money from the government. if these banks were in the united states they would have been seized a long time ago so any testament to the cluelessness and phony supervision of the brain dead european regulators that it ever got out of hand like this. service. we're in big trouble. who knows? it could happen here probably around the corner. and that's when i blew my top. first, our banks are the best regulated in the world despite what senator elizabeth warren and...
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Mar 22, 2013
03/13
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FBC
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>> your federal government out work. we're in a room with libertarian thinkers but there is a problem that in the pure libertarian sense to have the idea there should be the unrestricted movement of human beings trans global individual liberty by the way the al qaeda thinks that is sandy -- just fine. john: but keep them now. >> what about the guy who was struggling to keep a job with wage credibility and in a downward spiral because of excess levels of immigration? that may not be this zero sum game but there are zero -- consequences to kill legal immigration. john: yes, a veronique de rugy subsidy is paid less because you are here. >> the data overwhelmingly shows by increased economic growth but the duty is even low-skilled immigrants are good for this economy. they are benefiting not just people like me or people working in washington d.c. because they know their lawn, watched their children but this is not the zero sum game and the data is clear it is a no-brainer. john: of the immigrant pains my house we are richer
>> your federal government out work. we're in a room with libertarian thinkers but there is a problem that in the pure libertarian sense to have the idea there should be the unrestricted movement of human beings trans global individual liberty by the way the al qaeda thinks that is sandy -- just fine. john: but keep them now. >> what about the guy who was struggling to keep a job with wage credibility and in a downward spiral because of excess levels of immigration? that may not be...